October 29, 2019
Bay Area-based Plenty Unlimited signed a 10-year lease to take Westcore Properties’ entire 94,875-square-foot warehouse development project currently under construction in Compton, CA. The vertical indoor farming company will take occupancy at 126 E. Oris St., which is slated for completion next month.
The Class A building’s ceilings soar to 32 feet making the facility a good match for the vertical rows of sustainably grown, leafy greens, like kale, Plenty will cultivate at the property.
Plenty will make a multi-million-dollar investment into the build out and technology for the farm at the Compton property. The farmers growing technique requires a tiny fraction of the water and land of conventional farms, and allows plants to grow independent of seasonal or weather variations through use of hydroponics and LED lights. The controlled environment also eliminates the need for pesticides.
Savills’ Zack Jamail and David Gordon represented the tenant. Kidder Mathews’ Marc Bonando and Brad Connors advised the landlord.
Connect Industrial is coming up on November 19th in Houston. You can get more details and register to attend on this link.
For comments, questions or concerns, please contact Dennis Kaiser